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IIM Ranchi placements witnessed exceptional growth in salary packages as compared to the last academic year. IIM Ranchi highest package for 2018 has gone up to Rs.57 lakhs (international salary) while the highest domestic salary is Rs.30 lakhs annually. The IIM Ranchi average salary package has also gone up to Rs.16.07 lakhs. Total of 102 companies visited for IIM Ranchi placements. Out of which 60 companies were first-time recruiters. There were 185 students in total who participated in IIM Ranch Placement 2018. According to the IIM Ranchi final report, there has been an increase of 5.48% is recorded in average salary as compared to the last year. Some of the prominent recruiters that were a part of IIM Ranchi placements 2018 includes Accenture, Berger Paints, ICICI, IBM, Cognizant, Samsung, Sony Pictures etc. Sales and Marketing most preferred functional area among students, with the highest number of offers being made in this domain. Students were also offered profiles in domains like Consulting, Finance, Operations, IT & Analytics and General Management during the IIM Ranchi placement season.
IIM Ranchi concluded its placement seasons for the batch of 2018-20 with some great records. Around 41% of offers were made from the marketing sector. 19% from finance, 15% from IT and Analytics, 16% from Operations and general management and 9% from the strategy and consulting. Many companies participated in the placement season
Some of the major highlights of IIM, Ranchi final placements 2020
Total Companies Visited | 120 |
Students Placed | 248 ( 181 from MBA and another 67 from MBA-HR) |
Average Salary | NR 15.11 Lakh Per Annum |
Highest international Package | INR 59.37 lakh per annum |
highest CTC offered to the MBA-HR batch | INR 26.50 lakh per annum |
Average CTC offered to the MBA-HR batch | NR 14.55 Lakh Per Annum |
Top Recruiters
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Apart from the final placement offers, IIM Ranchi also offers summer placements. Companies hire IIM Ranchi students in various specialisations including operations, marketing, human resource management, sales and general management for summer placements. Students also got selected for various profiles such as business management, operations analytics and strategy campaign management.
Some of the major highlights of IIM Ranchi Summer Placement 2020 are as follows:
Total Companies Participated | 125 |
First Time Recruiters | 52 |
Percentage of Students Hired | 100% |
Total Students Placed | 281(74 from MBA-HR and 207 from MBA) |
Average Stipend for MBA | INR 95,696 |
Average Stipend for MBA HR | INR 1,00,171 |
Average Stipend for top 25 percentile for MBA | INR 92,509 |
Average Stipend for top 25 percentile for MBA HR | INR 1,971282 |
Top Recruiters
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IIM Ranchi has concluded the final placement process for PGP and PGPHRM students of 2017-19 batch. The 2019 graduating batch of IIM Ranchi PGP and PGPHRM courses witnessed the participation of 100 companies in the campus placement process. A total number of 181 students from PGP and 63 students from PGPHRM participated in the final placements of IIM Ranchi. The premier management institute recorded 100% placements this year.
One of the popular international companies offered the highest salary package of Rs. 58.1 LPA during the IIM Ranchi final placements 2019. The average salary offered to IIM Ranchi students was Rs. 14.88 LPA. These salary packages are offered to 2019 PGP graduating batch.
The average salary offered to PGPHRM batch was Rs. 41.52 LPA. Sales & Marketing dominated the PGPHRM placements of IIM Ranchi with 32% of offers. IT & Analytics and Finance made 22% and 20% of offers respectively.
Yes Bank | Tata Steel |
Sony Pictures | Samsung R & D |
RPG | ONGC |
L & T | JP Morgan Chase |
HP | ICICI |
IBM | GAIL |
Emami | |
DS Group | Cognizant |
Capgemini | Bosch |
Berger Paints | Accenture |
IIM Ranchi recorded 100% summer placements for PGP and PGPRM batch of 2018-20. The summer placements at IIM Ranchi for these students concluded recently. Almost 106 companies participated in the summer placements 2018-20 of IIM Ranchi and hired 253 students as interns. A total number of 186 students in PGP course and 67 in PGPHRM course participated in the summer placement process and bagged internship opportunity in top companies.
Compared to the previous year, IIM Ranchi recorded 6.45% growth in average stipend offered to PGP students this year.
The average stipend offered to PGP students at IIM Ranchi summer placements 2018 was Rs. 90,830.
On the other hand, the average stipend offered to PGPHRM students was increased by 10% this year.
The average stipend offered to PGPHRM students was Rs. 95,152 this year.
On the other hand, the average stipend offered to top 25% of PGP batch 2018-20 was Rs. 1,71,587 while the average stipend offered to PGPHRM batch 2018-20 was Rs. 1,65,788.
Sales and Marketing domain dominated the placements with the maximum number of offers. Almost 44% of internship offers were made by Sales and Marketing at IIM Ranchi Summer Placements 2018-20.
Finance domain offered 16% of internship offers while Operations made 15% offers.
The Indian Institute of Management (IIM), Ranchi has recorded 100% placement in the summer placement for the PGDM 2016-18 batch. Total Number of companies that actively took part in the summer placement session was 72
Some of the companies that participated in the placement drive are as follows:
3M
eBay
HP Inc.
Sony Pictures Network
Shoppers Stop
Whirlpool
Companies with the highest recruitment of this placement season.
Eicher Polaris | RBL Bank |
Larsen & Toubro | Robert Bosch |
ICICI | RPG |
Maruti Suzuki | Tata Steel |
Samsung | Yes Bank |
Highlights of the Campus Drive
The average stipend offered increased by 12%.
Rs.80,678 has been recorded as the average stipend
The highest domestic stipend offered hiked by 35% and reached up to Rs.2.53 lakh.
The Indian Institute of Management Ranchi (IIM-R) recorder 100% summer internship placements for the 2015-17 academic session.
Highlights of the Summer Placement Session
A total of 71 firms recruited students from the PGDM batch of 2015-17.
The average stipend increased to Rs 72,000 - a 24.4% increase
82 firms on campus for summer placements
The top 25% of students received an average of Rs 1.3 lakh
Top companies that held recruitments included:
ITC | ACC Cements |
Samsung R&D | Reliance |
Tata Steel | Wipro Consumer Care & Lighting |
Tupperware | Metro Cash & Carry |
Maruti Suzuki | Azim Premji Foundation |
Jubilant Foodworks | RBL Bank |
Sales and marketing were the most preferred domain among the students. Companies like Snapdeal, Berger Paints, Volvo Eicher and Tupperware were among the prominent recruiters.
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Around 248 PGD students got placed across leading MNCs in 2020.
The average package offered in PGD in 2020 was INR 15.11 Lakh.
Amongst the companies that recruited from IIMR, Ranchi, some of the prominent recruiters were Accenture Services Pvt. Ltd., Amazon, Berger Paints, CAPGemini, Cummins India Pvt Ltd, etc.